Heat Pump Rebates in Prince Edward Island

Canada's highest per-capita heat pump adoption with strong efficiencyPEI rebates.

Climate Zone

6A

Install Cost Range

$6,000–$15,000

Max Grants

Up to $60,000

Net Metering

Available

Provincial Rebate Programs

efficiencyPEI Air Source Heat Pump Rebate

efficiencyPEI

Up to $5,000

PEI homeowners installing an eligible air-source heat pump. One of Canada's most generous provincial rebates per capita.

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Federal Programs

Canada Greener Homes Loan

Natural Resources Canada

Up to $40,000

Interest-free loan up to $40,000 with a 10-year repayment term for eligible home retrofits including heat pumps.

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Oil to Heat Pump Affordability (OHPA)

Natural Resources Canada

Up to $15,000

Grant of up to $15,000 for homeowners switching from oil or propane heating to an eligible heat pump system.

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Major Utilities

Maritime Electric

Top Cities in Prince Edward Island

Frequently Asked Questions

How much does a heat pump cost in Prince Edward Island?

Typical heat pump installation costs in Prince Edward Island range from $6,000 to $15,000 before rebates. Costs vary by system type, home size, and region.

What heat pump rebates are available in Prince Edward Island?

Prince Edward Island homeowners may qualify for up to $60,000 in combined federal and provincial grants. Programs include efficiencyPEI Air Source Heat Pump Rebate, plus federal programs like Canada Greener Homes Loan.

Do heat pumps work in Prince Edward Island's climate?

Yes. Prince Edward Island is in climate zone 6A. Modern cold-climate heat pumps (ccASHP) operate efficiently to -25°C or below. System sizing and backup heating requirements vary by region within the province.

PEI leads Canada in per-capita heat pump adoption. The island's moderate maritime climate is ideal for standard ASHPs. Strong community awareness and contractor availability.

Last verified: 2026-03-01

Check your panel capacity before installing

Our NEC 220.82 panel capacity audit tells you if your electrical panel can handle a heat pump — before you commit.

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ESTIMATE ONLY. Rebate amounts are maximums based on 2026 program rules. Final approval is subject to eligibility verification and available program funding. Always verify directly with program administrators before making purchasing decisions.